KR Choksey's Stock Idea
KR Choksey is Bullish on ABB India Ltd.
Idea Submitted on 16Jan,2018
  • 20 Total Ideas
  • 2 Active Ideas
  • 18 Closed Ideas
  • 0 Friends
  • 8 Followers
  • Avg. Returns
     5.54%
    Rank
    4
    Success Rate
      50%
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      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 1283.3 (22Mar,18 03:29:pm)
     Time Frame
    1year
     Start Price
    1512
     Target Price
    1823
     Stop Loss
    1287.75
     Projected Gain
    311 (20.57% Upside)
     Returns Achieved
    -228.7     -15.13%
     Analysis
    In terms of valuations, we have valued the company on P/E basis. At CMP of INR 1,512, the stock is trading at 59.6x on CY18E and 41.5x on CY19E of our earnings estimates. Assuming the ABB’s focused areas such as Railways, Powergrid, Electrification to get incessant focus by the govt resulting into better order flows and thereby the revenues in the coming time. This in turn could help company to get higher valuations and hence valuing the company at 50x (~20% premium to current valuations, although still lower than historical highs of 60-70x) on CY19E earnings estimates of INR 36.5, we have arrived a target price of INR 1,823, an upside potential of 21%. We have ‘BUY’ rating on the stock.  View Research Report (Time Period & Stop Loss Auto Inserted)

    Link to Report: READ FULL REPORT

     Stock Price Movement (EOD Basis)
     C.M.P ABB India
    1287
    Sentimeter
    Buy Calls: 6 Sell Calls: 0
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